New Delhi, Jan 29 (PTI) Homegrown auto major Tata Motors on Friday reported a 67.52 per cent rise in its consolidated net profit to Rs 2,941.48 crore for the third quarter ended December 31, 2020.
The Mumbai-based company had posted a net profit of Rs 1,755.88 crore in the corresponding quarter of 2019-20.
Its total revenue during October-December 2020 rose to Rs 75,653.79 crore as against Rs 71,676.07 crore in the year-ago period, Tata Motors said in a regulatory filing.
On a standalone basis, Tata Motors posted a net loss at Rs 638.04 crore, against a net loss of Rs 1,039.51 crore in the year-ago period. Total revenue, however, rose to Rs 14,630.60 crore as compared with Rs 10,842.91 crore a year ago.
The company's British arm Jaguar Land Rover (JLR) reported a pre-tax profit of 439 million pounds, 121 million pounds better year-on-year, it added. HRS hrs
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)













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